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Australian Strategic Materials advancing pilot plant facility in South Korea ahead of ASX listing

Australian Strategic Materials managing director David Woodall tells Proactive's Andrew Scott they're making good progress on the construction of a commercial pilot plant facility in South Korea along with its JV partner to produce high-purity metals.

ASM also owns the $1 billion Dubbo Project in Central West NSW, an advanced polymetallic project with large in-ground resource of zirconium, rare earth elements (including yttrium), niobium and hafnium.

Preparation has already occurred in readiness for ASM to operate as an independent listed entity, separate from parent company Alkane Resources (ASX:ALK), as well as working towards a listing on the ASX.

Quick facts: Alkane Resources Ltd

Price: 1.01 AUD

ASX:ALK
Market: ASX
Market Cap: $601.34 m
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Alkane Resources excited as it doubles size of Boda target zone

Alkane Resources Limited's (ASX:ALK) (OTCMKTS:ALKEF) (FRA:AK7) Nic Earner speaks to Proactive's Andrew Scott after reporting they've expanded mineralisation at its Boda prospect in Central West New South Wales after intersecting further extensive zones of gold-copper mineralisation. Drilling...

2 weeks, 4 days ago

2 min read